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createProposeActionInstruction

Builds a raw instruction to create a governance proposal for vault settings changes or position updates. Only callable by the manager role. The proposal enters a voting period during which LP holders can vote to reject or opt out.

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Usage

import { createProposeActionInstruction } from "@exponent-labs/exponent-sdk/client/vaults";
import { PublicKey, SystemProgram } from "@solana/web3.js";

const ix = createProposeActionInstruction(
  {
    payer: managerKeypair.publicKey,
    manager: managerKeypair.publicKey,
    vault: vaultAddress,
    proposal: proposalAddress,
    systemProgram: SystemProgram.programId,
  },
  {
    proposalId: BigInt(1),
    action: {
      vaultSettingsAction: {
        updateRejectionThresholdBps: 2500,
      },
    },
    votingPeriodSeconds: 86400,
    timelockSeconds: 3600,
  }
);

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Accounts

NameSignerWritableDescription
payerYesYesFee payer for the transaction
managerYesNoManager authority of the vault
vaultNoYesVault account the proposal targets
proposalNoYesProposal account to initialize
systemProgramNoNoSystem program

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Args

NameTypeDescription
proposalIdu64Sequential proposal ID for the vault
actionProposalActionThe proposed change: VaultSettingsAction or PositionUpdate
votingPeriodSecondsu32 | nullOptional voting period override in seconds
timelockSecondsu32 | nullOptional timelock period override in seconds

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Returns

TransactionInstruction — a transaction instruction ready to be added to a transaction.